HomeTechTechnologyAMZN Prime Day Preview, AWS and Ads Key to Future Growth

AMZN Prime Day Preview, AWS and Ads Key to Future Growth

Arun Sundaram joins Diane King Hall to preview this week's Amazon Prime Day event which will run for 4 days. He believes the decision to lengthen the ecommerce shopping event means Amazon (AMZN) has a large inventory ready to move. CFRA has a Strong Buy rating and a $248 price target on Amazon, highlighting the company's operating margin improvement as a key point of strength. Aside from the company's ecommerce side, Arun adds that the AWS and Advertising business segments are significant to future growth.

Morning Movers

07 Jul 2025

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